It pays to be early...
Get DOUBLE the value for your FTX claim today.
Plus, the first 531 claimants will receive the following benefits:
Trade spot and futures for free for 2 months
Earn VIP Level 6 trading status for 6 months thereafter
Onboard your FTX claim now
Our solution is simple.
OPNX is built for over 20 million users who currently have $20 billion of claims trapped in crypto bankruptcies.
Tokenize your claim and access immediate liquidity to trade crypto.
The native fee paying, staking and governance token of OPNX
Get DOUBLE the value for your FTX claim
Convert your claim into Reborn OX (reOX) and secure a 100% bonus when transferring your claim.
Get a liquid dollar-denominated asset
Sell your FTX claim for oUSD. Use it for trading, convert to USDT or (soon) even earn yield in oUSD vaults.
Advantages of trading claims on OPNX
Tokenize your crypto claim in 3 easy steps.
OPNX Claims –Powered by Heimdall
Heimdall is our real-world asset tokenization partner
Heimdall manages the onboarding, verification, and tokenization of claims and ensures a secure and compliant process every step of the way.
Convert your FTX claim to get up to DOUBLE the value for your claim. Claims will initially be converted into reOX tokens at a 100% bonus of the market price, which will converge to 0% bonus over a period of 50 weeks. This means, during week 1, users will receive double the market price for their FTX claim.
Example:
FTX claim amount: $1 million
FTX claim price: $0.30
Week 1 reOX conversion amount with 100% bonus = $1 million * $0.60 = $600,000
*This example does not represent actual prices. Intended for illustrative purposes only.
An important concept to understand about bankruptcy claims is preference risk. That is, bankruptcy laws enable recovery of assets transferred to creditors within a 90-day period prior to the bankruptcy filing to ensure fair treatment among all creditors. As an exchange, FTX is likely to have numerous claims with preference or such 'clawback' risk.
To address preference risk related to FTX claims, we are converting FTX claims into Reborn OX (reOX), which will immediately serve as eligible collateral in the oUSD credit system on OPNX. In the case that a user's claim is determined to have preference, an equivalent dollar amount of the issued reOX tokens will be reclaimed from the user.